LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0493%/8h= −53.9% APRnext payment −$2.46 per $10,000 · paid last 24h −0.084%

Price spread now: Orderly against Phemex−0.088%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Phemex Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Orderly is 0.088% cheaper against Phemex than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex LITUSDT	4.7800	0.0100	pay 0.0050% / 4h	3h 27m	$1.4M	$2.7M	20x
Short	Orderly PERP_LIT_USDC	4.7758	−0.0393	pay 0.0196% / 4h	3h 27m	$33K	$313	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Phemex. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee PhemexbpFee OrderlybpOrdersPrice spread, now −0.088%Rate

Funding earned: −$103.44
Price spread: −0.088% → 0.000%: −$8.79
Slippage, 4 orders: no order book: not counted
Fee Phemex: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$130.23
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Phemex: live order book, 2 min ago; Orderly: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Phemex live order book, 2 min ago	3.14 bp	32.2 bp −$32	doesn't fit	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

LIT on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange LITUSD	−0.0488%	1h	4.7785	−0.031%	$31K	$3K	5x	as long as short
GRVT LIT_USDT_Perp	−0.0482%	4h	4.7728	−0.150%	$881K	$2.0M	10x	as long as short
Orderly PERP_LIT_USDCshort	−0.0393%	4h	4.7758	−0.088%	$33K	$313	10x
Deribit LIT_USDC-PERPETUAL	−0.0321%	1h	4.7822	+0.046%	$42K	$39K	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0304%	1h	4.7938	+0.289%	$607K	$348K	50x	as long as short
Gate LIT_USDT	−0.0258%	4h	4.7830	+0.063%	$2.8M	$4.0M	50x	as long as short
Bullet LIT-USD	−0.0235%	1h	4.7825	+0.052%	$86K	$66K	20x	as long as short
ApeX Omni LITUSDT	−0.0170%	1h	4.7690	−0.230%	$57K	$75K	50x	as long as short
OKX LIT-USDT-SWAP	−0.0160%	4h	4.7854	+0.113%	$25.9M	$58.8M	50x	as long as short
Backpack LIT_USDC_PERP	−0.0089%	1h	4.7836	+0.075%	$682K	$985K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit LITUSDT	−0.0051%	4h	4.7842	+0.088%	$41.6M	$27.1M	75x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7812	+0.025%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7766	−0.072%	$35K	—	150x	as long as short
Phoenix LIT	+0.0017%	1h	4.7718	−0.172%	$205K	$288K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.502%	$422	$178K	5.5x	as long as short
Nado LIT-PERP	+0.0040%	1h	4.7800	0.000%	$2.1M	$1.6M	10x	as long as short
Paradex LIT-USD-PERP	+0.0096%	8h	4.7793	−0.015%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7873	+0.153%	$59.6M	$26.1M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.7894	+0.197%	$3.7M	$12.2M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7881	+0.170%	$216.1M	$38.4M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7808	+0.017%	$649K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7826	+0.055%	$76.8M	$73.2M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7801	+0.002%	$125K	$424K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7811	+0.023%	$6.2M	$4.0M	100x	as long as short
KuCoin LITUSDTM	+0.0100%	4h	4.7841	+0.086%	$5.4M	$867K	30x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7840	+0.084%	$6.8M	$2.4M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7711	−0.186%	$292K	$304K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7840	+0.084%	$446K	$85K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7720	−0.168%	$2K	$961	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7802	+0.004%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7830	+0.063%	$1K	$332K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7866	+0.138%	$192K	$305K	30x	as long as short
Phemex LITUSDTlong	+0.0100%	4h	4.7800	long leg	$1.4M	$2.7M	20x
Bulk LIT-USD	+0.0100%	1h	4.7738	−0.130%	$121K	$2K	10x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7820	+0.041%	$5.1M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7804	+0.009%	$149K	—	3x	as long as short
RISEx LIT/USDC	+0.0118%	1h	4.7801	+0.002%	$796K	$2.4M	5x	as long as short
Aster LITUSDT	+0.0269%	4h	4.7892	+0.192%	$12.8M	$2.0M	50x	as long as short
Perpl LIT	+0.0335%	43m	4.7824	+0.051%	$32K	$627K	33x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7792	−0.017%	$1.6M	$2.3M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0425% / S −0.0217%	1h	4.7843	+0.090%	$64K	—	50x	as long as short
Aftermath Perps LITUSD	+0.0460%	1h	4.7850	+0.105%	$10K	$197K	10x	as long as short